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$317,000

NAL Estimated Property Value

208 Lorene Dr, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.75 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Laminate, Linoleum

Exterior

Exterior FeaturesStorage
Lot Size37,518 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.2727.004.019.00.111
Lot Number19
SubdivisionBrookwood Meadows Addn
Land UseResidential
Legal DescriptionLOT 19 BLK 4 BROOKWOOD MEADOWS ADDN 0.8613 AC
Census Tract060207
Assessed Land Value$108,000
Assessed Improvement Value$210,302
Assessment Year2025

About this property

No City Taxes + No HOA + USDA Eligible! Sitting on over 0.80 acres, this 3 bed, 2 bath home offers space, privacy, and opportunity in Red Oak. Built in 1984, it features a functional layout, comfortable living spaces, and great natural light throughout. The home needs interior paint, giving buyers the perfect chance to customize and add value right away. Step outside to enjoy a well-established yard with mature landscaping, ideal for relaxing, entertaining, or creating your own outdoor retreat. A screened-in porch expands the living space, while the carport provides additional covered parking for vehicles or equipment. The storage shed adds extra space for tools, hobbies, or lawn care items. Hard-to-find county living with room to grow and no HOA restrictions. All information deemed reliable but not guaranteed. Buyer to do their own due diligence.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$0Estimated Mortgage Balance
$317,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$681
$303,010
2025
$108,000
$210,302
$318,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$681
$303,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$317,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Red Oak

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208 Lorene Dr | Property Details | No Agent List